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THIS MORNING: Etihad Airways to kick off IPO this week? + Adnoc Logistics and Services upgraded to FTSE Large Cap Index
Plus: Dewa invites proposals for new solar and BESS project
Etihad Airways’ net income triples in 2024
The Abu Dhabi carrier’s top line surged 25% y-o-y, driven by a 32% y-o-y increase in passenger numbers
IHC’s 2PointZero acquires EHC stake
PLUS: Emaar to invest EGP 100 bn in Egypt’s residential development New Mivida
Etihad Airways could hit the ADX before the end of February -CEO
The offering is expected to raise up to USD 1 bn
THIS MORNING: Etihad Airways to market IPO next week + It’s interest rate week
Plus: Jared Kushner’s Affinity Partners could work with Eagle Hills on Grand Budapest project
Parkin expands into KSA
Plus: FAB + Libre Capital to develop tokenized lending solutions
Sanad sells AED 1.5 bn aircraft engines to Etihad Airways
The total value of MRO transactions between Sanad and Etihad Airways exceeds AED 6 bn
More on Etihad’s plan capture long-haul market share. Plus: Lunate, infrastructure, and mn’aires.
PLUS: Lunate plans to inject USD 8 to 10 bn in investments annually
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